Which is the most liquid form of asset?
A) cash
B) accounts receivable
C) inventory
D) supplies
A) cash
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What is the meaning of "short sell"?
a. Buy shares from a brokerage firm and enter into a forward transaction to sell the shares at today's price on a future date. b. Sell the shares at today's price to an investor and enter into an option agreement to buy the shares back in near future. c. Buy shares from one brokerage firm and sell the shares to another brokerage firm with a view to make quick money. d. Borrow shares from a brokerage and sell the shares at today's price with the intention to repay the borrowed stock they sold at some future time when the stock is trading for a lower price.
Which of the following is information gathered directly from respondents in order to specifically address a question at hand?
A) ethnographic observations B) experimental hypotheses C) primary data D) secondary data E) internal data
If a domestic corporation receives a dividend from another domestic corporation, it is entitled to a dividends received deduction of 50%, 65%, or 100%.
Answer the following statement true (T) or false (F)
Formal rule making differs from informal rule making in: A) public notice is required for formal rule making not informal
B) a public comment period is needed for formal rule making but not informal. C) no modification period exists in formal rule making. D) None of the above